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Cambridge Savings Bank is executing a three-year digital roadmap with automation, client experience and modern platforms at the forefront of the effort.   “Our mandate is digitize everything right now as much as we can,” Chief Operating Officer Kevin McGuire told Bank Automation News.  As the Cambridge, Mass.-based bank kicks off the plan, the mandate is…

U.S. Bank is developing AI-driven solutions for its business clients, with its latest efforts targeting the launch of an AI-driven cash-forecasting tool.  Major financial institutions like Bank of America, Citizens Bank and PNC Bank have already deployed cash-forecasting solutions. The $669 billion bank is working with cloud-based fintech Kyriba on the tool, which will help…

This week’s main blog discussions include … Multisensory payments: is this the future? I just spotted a new innovation in India from Paytm, who I consider friends of mine after interviewing their founder, Vijay Shekhar Sharma for Digital Human a few years ago. What’s the innovation? Talking payments. The Paytm soundbox – which works both online and……

The rout in the US stock market has brought the S&P 500 Index to a crucial inflection point, and chart watchers are scouring key technical thresholds for clues on whether the worst of the selloff is over. The US equities benchmark is teetering on the cusp of a correction after falling 3% Monday, its biggest…

Things we’re reading today include … The bank of Starbucks: Coffee retailer has $1.77 billion in unredeemed gift cards – MarketWatch Metro Bank returns from the brink but tough road lies ahead | Metro Bank | The Guardian How I got ‘hacked’ and what that says about the banking system (ft.com) InvestHK seeks to boost……

I find it interesting that most reportage of fintech is very much B2C focused. We talk a lot about Stripe, Adyen and Klarna; we talk about A2A, P2P and PIS; we talk a lot about challenger banks and neobanks; we talk a lot about retail and consumer markets. We don’t talk so much about B2B……

Carl Slabicki, managing director and co-head of global payments at BNY treasury services, is focused on keeping up with client demand by monitoring industry trends, innovating with the latest tech and prioritizing client engagement with products.  To support these efforts, BNY has recently rolled out: Wove Investor: Allows investors to view information from multiple accounts…

Big tech companies reported higher adoption of AI services in the second quarter, but investors want to see returns on those investments.  Nearly $1 trillion will be spent globally on capital expenditure over the next few years, but investors are already beginning to question the returns on these investments, according to the June 25 report…

Things we’re reading today include: Bitcoin price in free fall as crypto market crashes | The Independent Bitcoin price crash: Why is the crypto market collapsing? (msn.com) How the Bank of Japan has fuelled the market rout (cityam.com) Nationwide to open dementia clinics in bank branches (telegraph.co.uk) Lloyds Bank hires Amazon Web Services exec for……

After years of travelling the world, I find it interesting how countries differ. For example, having moved to Poland a few years ago, Polish people are not good at being arrogant. They are pretty humble, tbh. This means they are not good at marketing and selling in general. Sure, there are exceptions, but I find……